Sunday, October 17, 2010

Off-Track Betting lets go of 1300 workers says it will close 66 parlors if state cant reach deal

ALBANY - The citys Off-Track Betting released pinkish slips to 1,300 employees Friday as efforts to magnify a salvation to the cash-strapped group stalled during bill talks in Albany."We cannot reach a treble agreement on it to keep them afloat," pronounced Assembly Speaker Sheldon Silver (D-Manhattan), referring to talks with Gov. Paterson and the state Senate.Without a rescue understanding from the state, the struggling OTB says it will shiver the 66 betting parlors on Apr 11.The group has turn a domestic football as lawmakers hasten to close a $9 billion bill gap.Paterson is pulling to concede the citys OTB to hold off up to $3.7 million in payments it owes whilst work continues on a reorder plan.But lawmakers balked.Assemblyman Gary Pretlow, authority of the Racing and Wagering Committee, bloody OTB government for "unconscionable delays" in on condition that correct monetary information.The Legislature will miss the Apr 1 deadline for a 2010-2011 bill - and is operative on a short-term stopgap.The Assembly authorized a spending prolongation Friday. The Senate behind movement until Monday after Westchester Dem Ruth Hassell-Thompson fell ill."We are really far afar on spending reductions," pronounced Larry Schwartz, cabinet member to the governor, about the bill talks.gblain@nydailynews.com
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